2 Supposing That Canada And China Were The Only Two Countries In The World Why Would 3653515

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2.Supposing that Canada and China were the only two countries in the world, why would it be impossible for Canada to import a greater value of goods from China than the value we export to China, even if China produced most goods more cheaply than Canada? Use this example to explain why increasing our imports from China can never create unemployment in Canada

 
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2 Suppose That Us Market Demand And Supply For Cloth Are Given Respectively By The F 2802056

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2. Suppose that US market demand and supply for cloth are given, respectively, by the following algebraic equations: P = 8 – ½Q and P = 2 + ¼Q (P is given in dollars and Q in tons).

a) Plot the demand and supply schedule for clothe and determine the equilibrium price and quantity for cloth in the US in the absence of [international] trade.

b) If the US now allows free trade and P=$2.00 on the world market and we assume no transportation costs, how much cloth will the US consume, produce and import with free trade?

c) Now assume the US imposes a tariff of 50% on the world price, how much cloth will the US consume, produce and import with tariff?

d) How much tax revenues will the US government collect with trade restrictions?

e) How much is the consumer loss as a result of the tariff?

f) How much are the producer’s gains and the society loss (deadweight loss) as a result of the tariff?

g) The benefits of trade liberalization are assumed to be great. Yet, Nations restrict International Trade. Why do they do that? Discuss.

 
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2 Suppose That The Following Table Gives Recent Figures For Yield Per Acre Ininois A 3445057

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2. Suppose that the following table gives recent figures for yield per acre ininois and Kansas: 37 51 42 31 If we assume that farmers in inois and Kansas use the same amount of labor, capital, and fertilizer, which state has an absolute advantage in wheat production and has an absolute advantage in wheat production and (2) has an absolute advantage in soybean production. If we transfer land out of wheat into soybeans, how many bushels of wheat do we give up in Ilinois and in Kansas per additional bushel of soybean production? In linois, an additional bushel of soybean production results in esults in fewer bushels of wheat, and in Kansas, an additional bushel of soybean production fewer bushels of wheat. (Enter your responses rounded to three decimal places) Which state has a comparative advantage in soybean production and in soybean production? has a comparative advantage in soybean production and (4) has a comparative advantage in wheat production The following table gives the distribution of land planted for each state in millions of acres in the same year TILL WHEAT SOYBEANS (83%) 11.8 70% (397%) 1.9 Kansas 20.7 2% Are these data consistent with your answers above? (5) (1) O Kansas (2) Kansas (3) O Kansas 4) O Kansas (5) O No O Illinois linois O Yes

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2 Suppose That Stack Is An Object Of Type Stacktype Lt Int Gt What Is Thedifference 1758776

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2. Suppose that stack is an object of type stackType. What is thedifference between stack.top and stack.top – 1?

 
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2 Suppose That Marble Is A Normal Good For A Certain Sculptor And That She Has Just 4118248

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2. Suppose that marble is a normal good for a certain sculptor and that she has just received a
MacArthur “genius” fellowship ($625,000 paid in quarterly installments over five years). What
will happen to her demand for marble? Illustrate your answer by drawing her demand curve
for marble before and after she received the fellowship (either attach the drawing or explain how the demand curve is positioned and how it changes).

 
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2 Suppose That Economica Is A Large Country The Export Supply Curve Is As Follows Pr 3345322

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2. Suppose that Economica is a large country. The export supply curve is as follows Price Quantity 60 60 80 120 100 180 120 240 Assume that Economica imposes a $20 tariff on imported oil. Assume that the world price of oil is initially $80. i. the terms of trade effect j. total deadweight loss k. effect on foreign welfare l. effect on world welfare

 
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2 Show Graphically How To Derive An Is Curve And Then Use Your Graphs To Show That A 3307518

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2. Show graphically how to derive an IS curve and then use your graphs to show that a decrease in government spending will shift the IS curve to the left. 3. Explain why at all points above the IS curve there is a tendency for output to fall. 4. Explain why all points below the IS curve there is inventory depletion.

 
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2 Suppose Ford Motor Company Sold An Issue Of Bonds With A 10 Year Maturity A 1000 P 2380906

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2. Suppose ford Motor Company sold an issue of bonds with a 10-year maturity, a $1000 par value, a 10% coupon rate, and semiannual interest payments.
a.Two years after the bonds were issued, the going rate of interest on bonds such as these fell to 6%. At what price would the bonds sell?
b. Suppose that, 2 years after the initial offering, the going interest rate has risen to 12%. At what price would the bonds sell?
c. Suppose that the conditions in part a existed—that is, interest rates fell to 6% 2 years after the issue date. Suppose further that the interest rate remained at 6 percent for the next 8 years. What would happen to the price of ford Motor Company bonds over time.

 
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2 Questions Substantiate Commodity And Trade Theory 2231080

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2 questions: Substantiate, Commodity and Trade theory

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2 Put The Following Disk Scheduling Policies In The Order That Will Result In Minimu 856060

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2 Put the following disk scheduling policies in the order that will result in minimum amount of head movement. a. FCFS b. Circular scan c. Elevator algorithm

 
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